solar power taxable ?, page-14

  1. 2,381 Posts.
    beanpea,

    If you live in NSW it pays its self off within 5 years for a 1.5KW system

    Its an easy sum.
    Solar costs


    System size 1.5 kW

    kWh per year produced 2250

    Installation cost $10,615

    Minus RECs @ $30 ea $4650

    Net cost $5965

    Minus approx. gross feed-in
    tariff annual payment $1350

    Payback time 4.4 years


    BTW you can easily buy a 1.5KW system now under $4,000, as recs are above $40.
 
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